Choose your country

We use cookies in order to analyze the use of our website and to design the content user-friendlier. By clicking OK or by continuing to browse this website, you consent to the use of cookies. You will find further information on cookies and how to deactivate them in our Cookie-Guideline as well as our Data Privacy Declaration.

WELCOME TO THE MEDIA ARCHIVE

Suspension of share buyback program revoked

Baar, September 13, 2013

Forbo has concluded the sale of a maximum of 2.5% of treasury shares that it had announced on September 9, 2013, and as a result, has increased its distributable, withholding tax free capital contribution reserves.The suspension of the approved share buyback program in connection with the sale of these treasury shares has therefore been revoked.

Forbo is a leading producer of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt solutions. The company employs over 5,000 people and has an international network of 24 production and distribution companies, 6 assembly operations and 37 sales organizations in a total of 34 countries. Forbo is headquartered in Baar in the canton of Zug, Switzerland.